240 Albany St
Property Information
Property Class
Charitable Svc
State Class Code
957
Zoning (Unofficial)
SD-8
Map/Lot
54-7
Land Area (sq. ft)
27,320
Property Value
Year of Assessment 2025
Tax District C3
Residential Exemption No
Building Value $2,439,100
Land Value $2,273,600
Assessed Value $4,712,700
Sale Price $12,750,000
Book/Page /
Sale Date March 31, 1970
Previous Assessed Value $4,837,200
Owner Information
Owner(s) MASSACHUSETTS INSTITUTE OF TECHNOLOGY C/O MIT INVESTMENTS MANAGEMENT CO ONE BROADWAY, SUITE 09-200 CAMBRIDGE, MA 02142
Building Information
Commercial Building Number 1, Section 1
Exterior
Style GEN-OFFICE
Occupancy
Charitable Svc
Number of Stories 1
Exterior Wall Type
Roof Material
Wall Height
12
Partititions
AVERAGE
Interior
Living Area (sq. ft.) 11,433
Number of Units
0
Systems
Heat Type PACKAGE-A/C
Heat Fuel
Gas
Plumbing
AVERAGE
Condition & Grade
Year Built 1900
Overall Condition Average
Overall Grade Good
Subareas
Code
Description
Gross Area
Living Area
BAS
First Floor
11,433
11,433
Total:
11,433
11,433
Photos
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Sketches
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This page contains much of the information used by the City of Cambridge to assess properties. The purpose of this information is to be used only for ad valorem taxation purposes and any other use is therefore not valid.